The Bhutanese Monetary Unit is the currency used in the Kingdom of Bhutan. There are several synonyms for the Bhutanese Monetary Unit, including Ngultrum, BTN, and Nu. These terms all refer to the same currency and may be used interchangeably. The Ngultrum is the official name of the Bhutanese Monetary Unit and has been in circulation since 1974. It is divided into 100 Chetrum. The BTN and Nu abbreviations are commonly used in financial transactions and currency exchange. The Bhutanese Monetary Unit, regardless of the name used, is an important aspect of Bhutanese culture and commerce.